Property Description
Well-maintained multi-family property featuring three residential units plus a fully finished walkout basement with additional living space. All units offer spacious, well-proportioned layouts with separate living and dining rooms, providing strong rental functionality and comfortable living space. Unit 1 features 3 bedrooms, 1 full bath, a spacious living room, dining room, and kitchen. Unit 2 offers 4 bedrooms, 1 full bath, with a spacious living room, dining room, and kitchen layout. Unit 3 includes 3 bedrooms, 1 full bath, living room, dining room, and kitchen, offering a functional layout with generous space. The fully finished walkout basement includes 2 bedrooms, 2 full baths, and also features a living room, dining area, and kitchen. Property features a long driveway with two-car wide parking. Each unit has separate utilities. Tenants will remain in place at closing, allowing for immediate rental income. According to seller representation and DCA records, the property is registered and inspected as a 3-unit dwelling. Buyer is responsible for verifying legal use, zoning, and occupancy with the municipality. Strong income-producing property with stable rental structure and long-term appreciation potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Walkout
Cooling: Wall A/C Unit(s)
Fuel Type: Gas-Natural, See Remarks
Heating: 3 Units, Radiators - Hot Water, See Remarks
Lot Size: 0.11 Acres
Taxes: $13,935
Year Built: 1950
Feature Descriptions
Days on Site: 2
Driveway: 2 Car Width, Driveway-Exclusive, Off-Street Parking
Exterior: See Remarks, Vinyl Siding
Lot Dimensions: 0.11 acre(s)
Sewer: Public Sewer, See Remarks
Water: Public Water, See Remarks
215 E 16th St | MLS# 4027159
This multi-family property located at 215 E 16th St, Paterson, NJ 07524 is currently listed for sale with an asking price of $899,999. Search Paterson real estate on www.realtymarkllc.com today.